July 26, 2016 6:12 PM ET

Banks

Company Overview of Heritage Bank Limited

Company Overview

Heritage Bank Limited provides financial products and services in Australia. The company’s personal banking products and services include transaction, savings, and specialist accounts; home loans; personal loans; term deposits; credit and debit cards; motor vehicle, home building and contents, income protection, life, travel, landlord, caravan and trailer, and platinum insurance; financial planning services; superannuation products; and international finance services. Its business banking products and services comprise business cheque accounts and business Visa credit cards; term deposits; fully drawn loan, business overdraft, motor vehicle equipment loan, and business line of credit loans; ...

400 Ruthven Street

6th Floor

Toowoomba, QLD 4350

Australia

Founded in 1875

780 Employees

Phone:

61 7 4690 9000

Key Executives for Heritage Bank Limited

Chief Executive Officer
Chief Financial Officer
Assistant Chief Executive Officer and Company Secretary
Head of Customer Marketing and Digital
Compensation as of Fiscal Year 2016.

Heritage Bank Limited Key Developments

Heritage Bank Limited Reports Consolidated Earnings Results for the Half Year Ended Dec. 31, 2015

Heritage Bank Limited reported consolidated earnings results for the half year ended Dec. 31, 2015. For the period, the company reported profit after tax of $17.8 million compared to $16.2 million reported last year. Interest revenue was $179.5 million against $195.9 million reported last year. Net interest income was $72.9 million against $69.5 million reported last year. Total income was $90.4 million against $87.1 million reported last year. Profit before tax was $25.3 million against $23.2 million reported last year. Net cash flows from operating activities was $15.2 million against $6.6 million reported last year. Acquisition of property, plant and equipment was $2.6 million against $1.7 million reported last year.

Heritage Bank Limited Announces Executive Changes

Heritage Bank Limited (Heritage) announced that David Janetzki has resigned as Company Secretary, effective 16 February 2016. Shelley Sorrenson has been appointed as Company Secretary of Heritage, effective immediately. Ms. Sorrenson will report to Bill Armagnacq, the Assistant Chief Executive Officer and Company Secretary.

Heritage Bank Limited Announces Executive Changes

Heritage Bank Limited has announced the appointment of Peter Lock as new CEO, succeeding John Minz. John Minz steps down from the role after 23 years at Heritage Bank, including the last 12 as CEO.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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